Finance

What is a monopoly? A monopoly is a market structure where a single seller or producer assumes a dominant position in an industry or sector. Monopolies are discouraged in market economies because they stifle competition and limit substitutes for consumers. In the United States, antitrust laws are in place to restrict monopolies, ensuring that a…

A familiar face is back in the cryptocurrency ecosystem. Lured by the prospect of quick profits in a rapidly appreciating asset class, retail investors are returning for a second run in the crypto ecosystem. The 2017 bull run in crypto markets was largely fueled by retail investors. At that time, their entry helped push Bitcoin…

2022 has been an exceptionally rough year for the crypto market, and the last few months of Bitcoin’s (BTC) price action could be a sign that bears aren’t even close to being ready to let up. Crumbling crypto prices also equate to diminishing profits for Bitcoin miners and this week’s regulatory action by the United…

The benefits explained Civil liability coverage in the event of an event: The Hartford’s commercial liability coverage is written on an event form, which means you will be covered for as long as the incident occurred while your policy was in force (even if it is no longer active). ). This is the preferred form…

Live Mona’s interest in business and finance began at a young age, inspired by reading the now defunct Zillions magazine, a children’s version of Consumer Reports published by Consumers Union. She opened her first checking account at the age of 10 and became passionate about saving. However, after getting her first full-time job, she realized…

The percentage of USD Circle (USDC) stablecoins held by major wallet addresses dropped to its lowest point in almost two years as the cryptocurrency market downturn continues. Cryptocurrency analytics firm Glassnode has released the latest data on USDC metrics, reflecting a recent sell-off of the second biggest U.S. dollar-backed stablecoin by market capitalization. $USDC Percent…

The benefits explained Event Form Coverage: You’ll be covered for any incident, including professional liability, that occurs while your policy is in effect, even if a client sue after you cease to practise. Most of the other insurers we’ve reviewed don’t offer this coverage for professional liability, which is one of the many reasons why…

If a friend asks you, “Are tax-exempt municipal bonds a better investment than taxable bonds?” The correct answer depends on a host of factors specific to a person’s personal situation. The most important of these concerns the size of your tax bill. If you’re in the 35% tax bracket and live in a state with…

Lending protocol BendDAO has run out of Wrapped Ether (wETH) in its contract. At the time of writing, the contract only has 15 wETH to pay lenders and an estimated 15,000 Ether (ETH) left to be paid to lenders. Researcher NFTStatistics.eth dissected the issue in a Twitter thread, highlighting that nonfungible token (NFT) borrowers in…